Lots of confusion on all sides. There’s an internet storm brewing over the “injustice” of various entities – a ridiculous “free” trading app called, of all things “Robinhood”, the hedge funds who shorted an obviously overvalued stock. The army of short-squeezers who are screaming bloody murder that they were not able to cash in at the top (or commit Hari-kari by buying more the higher it goes).
And then every pundit in the world sounding off – all the outrage and chaos with Ted Cruz & AOC & Elon Musk & Chris Cuomo & Mark Cuban and probably every celebrity in the world going nuts all at once by tomorrow and all sounding off like crazy over the “injustice”. Shake it up and shake in down.
The sheer volume of confusion over the “Robinhood Revolution” is staggering. Just wait it will be much, much worse. The depth of the ignorance is truly monumental.
Interactive Brokers has put AMC, BB, EXPR, GME, and KOSS option trading into liquidation only due to the extraordinary volatility in the markets. In addition, long stock positions will require 100% margin and short stock positions will require 300% margin until further notice.
Are there bad guys on “Wall Street”? Plenty. Are the google guys day traders that bid up a worthless stock to “burn” hedge funds and get rich quick heroes? Please.
And an App hilariously named “Robinhood” that charge phantom fees rather than stated charges (low, high or whatever) does no “stealing from the rich” and sure as hell no “giving to the poor”.
They told me that the we live in free market capitalist society
They told me:
– Markets are free – Healthy competition is promoted – The same rules apply to everyone – Deck is not stacked against the little guy
Traders and “Wall Street Insiders” know that danger is real. The idea of protecting “retail traders” from risk? As they tap into credit cards to buy worthless stocks that they believe they have a right to pump & dump?
I'm sorry, but if you're gonna freak out when your users start robbing the rich, you can't call yourself "Robin Hood." pic.twitter.com/WwPkO6qdDt
And are they good guys cause they should be able to push the price of a stock endlessly higher for no reason whatsoever except that they get off on the letters from the ticker symbols that happen to sound similar to the ticker for a stock that Elon Musk did a two word tweet about (Signal, etc)?
I accidentally bought 13000 shares of #dogecoin while I was at the gym cause Robinhood froze on me so I didn’t think the order went through. Doubled my money in an hour. First good thing Robinhood ever did for me.
Collusion and getting rich for doing basically nothing should be something that is available to everyone because criminals have gotten away with it left right and center?
Probably best not to name your company or organization or non-profit some form of Robin Hood
Ford announced that the company will be adding an all-electric model of its best selling cargo van the Transit. The electric cargovan is scheduled to be released in the U.S. and Canada by 2022. Ford is already in the works for its European launch of the electric Transit for 2021.
Currently, Ford does not have any fully electric vehicles on the market. With the Transit – that now makes at least 3 electric vehicles in Ford’s lineup, including the Mustang Mach-E crossover unveiled last November and the electric pickup truck F-150.
Sales for Ford’s US trucks and vans have risen 33% since 2015 with the expectation for that number to grow as e-commerce continues to increase.
With the insurgence of EV popularity amongst consumers, there is a clear tipping point for many big name auto makers taking steps to transition towards more clean energy and sustainable transportation options. Ford is following suit, as the company has recently invested $11.5 billion towards electrification and going digital.
“As leaders in this space, we are accelerating our plans to create solutions that help businesses run better, starting with our all-electric Transit and F-150. This Ford Transit isn’t just about creating an electric drivetrain, it’s about designing and developing a digital product that propels fleets forward. “
– jim farley / chief Operating Officer for Ford Motor Company
Global Director, Ted Cannis made the announcement of the electric Transit during a work truck show on March 3rd, 2020.
The Electric Transit will be Optimized for Maximum fleet performance
Teaser Image of the All-Electric Transit Courtesy of Ford
Consumers will have the options for varying configurations including: cargo van, cutaway, chassis cab and three different roof and body lengths.
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The all-electric Transit will offer cutting edge smart technology including high-speed data, equipped with a FordPass modem with 4G Wi-Fi hotspot, cloud-base services and tools like GPS tracking, geofencing and diagnostics, all to best optimize fleet performance.
Driver-assist technology will include: Pre-Collision Assist, Automatic Emergency Braking, Pedestrian Detection, Forward Collision Warning, Post-Collision Braking, Lane-Keeping System and auto high-beam headlamps.
There is no additional information on pricing, images or other details on the Transit have been made available yet but will surely be provided closer to release date.
The main factor preventing carbon emission reductions? Over-reliance on fossil fuel for energy & transport
As the climate crisis rages on and protests for climate action happen all over the world, peoples and nations worldwide struggle with implementing a sustainable alternative to the biggest cause of carbon emissions: fossil fuels.
The backbone of the fossil fuel strangle-hold on the world economy is cars and, particularly in the US, a transportation infrastructure based on solo drivers and individual cars. Because of this, a fossil fuel alternative is hard to obtain without the use of fossil fuels themselves throughout the process.
The European Union, for example, despite being the top funds provider for global projects aimed at fighting against the climate crisis, has also provided funding and subsidies for fossil fuels at the same time. However, on Friday, November 8th, the European Union Finance Ministers backed a declaration to end all fossil fuel funding for the first time.
After previously only agreeing to end funding for coal power plants, they issued a joint statement with the EU calling “to phase out financing of fossil fuel projects, in particular those using solid fossil fuels, taking into account the sustainable development, and energy needs, including energy security, of partner countries.”
The European Investment Bank’s official decision regarding the matter is unclear as a number of countries push for the continuance of gas funding in the face of the EU’s general fear that those countries would turn to Russia for help. The EIB board will meet on November 14th to further discuss this policy issue.
Tesla’s Mission and Vision is Coming to Fruition
Fortunately, Tesla has been aware of this complex socioeconomic issue from its establishment, and they are the leading cause of change and innovation that combats this issue on all fronts.
On May 9, 2019, Tesla’s twitter account released a thread detailing the company’s mission and how they plan to execute it in a multitude of ways as they go forward. Their mission is “to accelerate the world’s transition to sustainable energy.”
Tesla’s mission is to accelerate the world’s transition to sustainable energy.
The first part of their “Master Plan” to realize this mission is to influence the auto industry to transition to electric power because the current leading cause of global CO2 emissions is the constant use of fossil fuels for transportation, especially in the U.S., where its infrastructure primarily relies on transportation via solo, gas-powered cars with individual drivers.
Tesla accomplished this by designing the Tesla Roadster, Model S, Model X, Model 3, and the upcoming Model Y to prove that “people didn’t need to compromise to drive all-electric” in order to benefit the environment.
Tesla’s planned impact on the auto industry is clearly a success as various hybrid and all-electric model cars are set for deliveries in 2020.
Tesla Successfully Influences Auto Industry to Embrace EVs as ‘Sexy & Fun’
As Tesla’s founding ethos of making sustainable transportation fun and ‘sexy’ is proven to be successful, many car manufacturers are following suit by moving towards producing hybrid and/or all-electric vehicles that guarantee a high quality that lives up to, or even surpasses, their long-established, gas-powered, vehicle brand names.
https://youtu.be/o0F9Uktpgtk
On Sunday, November 17th, it looks like Ford is about to jump on this trend first introduced by Tesla and incorporated into the recent practices of renowned car manufacturers, like Lamborghini, Porsche, and Jeep.
Porsche and Jeep have already produced hybrid plug-in versions of their iconic Cayenne and Wrangler models as a movement towards sustainable energy, but Ford’s Mustang Mach-E is going to be the first all-electric SUV to bear a name originally reserved for a trademark, powerful, gas-powered, “muscle” car.
This marks a major shift in values for traditional automakers. At first, car manufacturers would produce moderate-to-low quality electric vehicles just to pacify the environmentalist demographic, essentially putting the carbon emissions reduction burden on consumers, who rightfully find that sacrificing the quality transportation that they deserve in the name of saving the planet is too inconvenient, rather than themselves for failing to give consumers a compatible alternative to their gas-powered vehicles.
But now, with Tesla’s burgeoning global success in high-quality EV sales, the demand for electric vehicles has finally increased to a level that traditional auto companies were unable (or unwilling) to achieve. As a result, high-quality EV production is finally at the top of production priorities in heightening the possibility for a real start toward a sustainable future.
BMW i4
Auto Companies Rushing Forward to Ramp Up EV Production in Fear of Losing the Market to Tesla
Audi, Mercedes and BMW all have big projects for EV production, and have, in essence, capitulated and conceded that EVs will be 100% of the car market in the relatively near future, within a decade for example. They are now concerned that Tesla will dominate with a massive market share if they do not start working to catch up. And if this shift isn’t seen in the various hybrid and electric models coming out in 2020, it demonstrates a clear trend, based on recent auto company investments and factory expansions.
On Wednesday, November 13th, Volkswagen unveiled an $800 million investment into an expansion project for their Cattanooga, Tennessee factory to be turned into VW’s main base for electric vehicle manufacturing in North America. They also expect to introduce 1,000 new jobs at the factory through the 564,000-square-foot body shop addition that’s part of the expansion.
In light of their 2015 emissions cheating scandal, the expansion is also a piece of Volkswagen’s broad plan to turn away from diesel, which globally entails a $50 billion commitment towards EV development and production.
Photo / Volkswagen
Volkswagen’s expansion will also enable the production of their all-electric compact SUV, the VW ID.4, by mid-2022, which is expected to compete with Tesla’s Model Y, which will begin production in early 2020.
Thanks to Tesla’s success, this insurgence of EV popularity amongst consumers is forcing auto companies to measure up to the high-quality Tesla standard, which indicates that the tipping point leading to a clean energy future through sustainable transportation has arrived.
